Home Equity: A Costly Resource for Homeowners
Homeowners are currently sitting on near-record home equity, a valuable asset that holds great potential. However, tapping into this resource has become more costly than ever before, posing a challenge…
Treasury Yields Decline Amidst Market Turmoil
Treasury yields remained lower on Tuesday following the recent attack on Israel, which has caused significant turbulence in the market. Investors have sought refuge in U.S. bonds as a flight…
The Fed’s Pivot
In a surprising turn of events, the Federal Reserve seems to be changing its course. Despite recent employment and inflation data suggesting a potential interest rate hike in November or…
Australia’s Inflation Rate Rises in August
Australia's monthly consumer price index (CPI) rose 5.2% year-on-year in August, putting the Reserve Bank of Australia on alert for a potential interest rate increase by the end of the…
The Future of Interest Rates and Inflation
The president of the Cleveland Federal Reserve, Loretta Mester, has expressed her belief that the central bank may need to raise interest rates once more this year. She emphasizes the…
U.S. Stock Indexes Finish Volatile Week in Green
The U.S. stock indexes ended the week on a positive note, despite a turbulent trading period, as investors speculated on whether a surge in job creation last month could lead…
Potential Impact of Federal Reserve Policy Decision
In anticipation of the Federal Reserve policy decision on Wednesday, TD Securities strategists are closely analyzing the potential consequences for Treasury yields and the U.S. dollar. According to strategists Oscar…
Euro and German Government Bond Yields Fall as ECB Raises Interest Rates
The European Central Bank (ECB) recently raised interest rates, causing a decline in the euro and German government bond yields. However, while borrowing costs were expected to increase, the ECB's…
Resilient U.S. Economy Faces Challenges Ahead
The U.S. economy has shown remarkable resilience, and experts suggest that it may avoid a recession if the Federal Reserve stops raising interest rates. However, the growth rate is expected…
Bitcoin and Cryptocurrencies Face Downward Pressure as Inflation Data Looms
The momentum behind Bitcoin and other cryptocurrencies seems to be losing steam as they experience a slight dip in value following a recent court ruling in favor of the crypto…
Ignoring the Risks: Investors Turn a Blind Eye to Corporate Defaults
Despite an increasing number of companies defaulting on their debts due to higher interest rates, investors seem to be disregarding this alarming trend. Torsten Slok, chief economist at Apollo Global…
Mortgage Rates Rise for the Third Week in a Row
According to data released by Freddie Mac, mortgage rates in the United States have increased for the third consecutive week. This rise comes as the economy demonstrates signs of strength…